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Loanspark: Redefining Small Business Lending and Driving Growth in Financial Services
From:
The Stevie Awards -- Michael Gallagher The Stevie Awards -- Michael Gallagher
For Immediate Release:
Dateline: Washington, DC
Tuesday, November 18, 2025

 

Stevie-winner Loanspark is transforming small business lending through its subscription-based, embedded Business Lending as a Service (BLaaS) platform. Founded in 2021 by Michael Barnett and Sasha Yablonovsky, the company enables organizations to become small business and real estate investor lenders to their customers in less than seven days. By combining technology, inclusivity, and expertise, Loanspark empowers small and medium-sized businesses (SMBs) to access fair and flexible financing that supports growth and sustainability.

A Platform Built for SMB Growth
Loanspark's loan origination system offers real-time processing, underwriting, and funding capabilities, allowing companies to deliver customized lending solutions efficiently. Beyond conventional lending, Loanspark supports B2B service providers, accounting firms, and mortgage companies with tools that stabilize revenue streams, expand financing options, and enhance client services.By providing embedded finance solutions, Loanspark enables businesses to access capital seamlessly within their existing platforms, creating a frictionless experience that supports sustainable growth and operational efficiency.Expansion and Strategic Capabilities
In 2023-2024, Loanspark significantly expanded its reach and product offerings. The company earned Supplier Diversity Office certification, highlighting its status as a minority-owned business and its commitment to equitable economic opportunities.The company’s commercial real estate marketplace expanded to include over 100 lenders, offering a diverse range of loan options for multifamily, retail, industrial, and other sectors. Additionally, the launch of the Loanspark Partner API provides seamless access to capital through embedded platforms, simplifying the lending process and increasing accessibility for small businesses.Over the past year, Loanspark has further strengthened its leadership position. Securing the trademark for BLaaS™, launching an executive-led podcast, and forming strategic partnerships with national enterprise platforms have reinforced its industry influence. Conversion rates for qualified applicants now exceed 65% across all business loan product types, and 89% across all real estate loan products, more than 2.5 times the national benchmark, demonstrating both strong market demand and the effectiveness of its embedded lending model.Loanspark continues to combine technology, thought leadership, and strategic partnerships to redefine business lending. By expanding access to capital, supporting diverse communities, and enabling SMBs and real estate investors to thrive, Loanspark demonstrates measurable impact across industries.

Loanspark won a Gold Stevie for Company of the Year – Financial Services (Small) and a Bronze Stevie Award for Achievement in Growth in The 2025 American Business Awards®.

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News Media Interview Contact
Name: Michael Gallagher
Title: Executive Chairman
Group: The Stevie Awards
Dateline: Fairfax, VA United States
Direct Phone: +1 703-547-8389
Main Phone: +1 703-547-8389
Cell Phone: +1 571-283-2890
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